Скачать или смотреть "Long-Term Rewarded Equity Factors: What Can Investors Learn from Academic Research?" Webinar

This webinar - broadcast on October 18, 2016 - aims at presenting and discussing a research paper published in the Fall 2016 issue of the Journal of Index Investing entitled "Long-Term Rewarded Equity Factors: What Can Investors Learn from Academic Research?" which analyses what academic research has to say on equity factors to understand what lessons can be learnt in terms of designing and evaluating factor indices.

Equity index products that claim to provide exposure to factors which have been well documented in academic research, such as value and momentum, among others, have been proliferating in recent years.

Interestingly, providers across the board put strong emphasis on the academic grounding of their factor indices. At the same time, product providers try to differentiate themselves using proprietary elements in their strategy, often leading to the creation of products using new factors or novel strategy construction approaches which may or may not be consistent with the broad consensual findings in the academic literature on empirical asset pricing. Moreover, discussion of the sources of performance is often based on provider-specific research rather than consensual findings in the academic literature.

This webinar, hosted by Felix Goltz, Head of Applied Research, EDHEC-Risk Institute and Research Director, Scientific Beta, addresses what academic research has to say on equity factors. Our objective is to understand which lessons we can learn from such research in terms of designing and evaluating factor indices.

The themes covered during the webinar include:
Analysing the main lessons from academic research on equity factors
Addressing implementation costs and the question of crowding risks
Discussing how practical implementation relates to the academic groundings